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Can I keep working and contributing past normal retirement age?

April 26, 2017age contributing normal past retirement working

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Can I keep working and contributing past normal retirement age?

2 Answers

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A. Yes, you may continue working if your employer permits you to do so. If you continue working, you will continue to earn pension benefits. Your pension plan, however, may stipulate a maximum number of years you can earn benefits under the plan, or a maximum pension that can be earned. Some plans may allow you to start receiving your pension after normal retirement age instead of earning more pension benefits. Your pension payments must commence no later than the end of the calendar year in which you turn 69.

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A. Yes, you may continue working if your employer permits you to do so. If you continue working, you will continue to earn pension benefits. Your pension plan, however, may stipulate a maximum number of years you can earn benefits under the plan, or a maximum pension that can be earned. Some plans may allow you to start receiving your pension after normal retirement age instead of earning more pension benefits. Your pension payments must commence no later than the end of the calendar year in which you turn 71.